Energy

Tomskimage

Chinese Industrial Group To Buy Bankrupt Russian Oil Producer

China, Energy, Finance, Foreign Investment, Russian Market

China’s Xinjiang Sanbao Industrial Group is to purchase the bankrupt Tomskgeoneftegaz LLC, a small oil production company in the Tomsk region, for about ₽4 billion (US$51.2 million). Sanbao’s investments are expected to partially cover creditor claims after reaching a deal with the main creditor, the Kazakhstan collection agency Eagle LLP. According to its website, Xinjiang […]

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Turkiye 1

Russia Proposes Increasing LNG Sales & Investments With Turkiye

Energy, Exports, Infrastructure, Investment, Middle East

Russia is interested in increasing regular liquefied natural gas supplies to Turkiye and is prepared to participate in joint investment projects to develop the gas market there, according to an intergovernmental commission meeting between the two countries. Russian Deputy Prime Minister Alexander Novak has stated that Turkiye had LNG terminals receiving products from all over the world and could

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Malaysia

Russia, Malaysia to Collaborate on Nuclear Energy

Asia, Energy, Exports, Infrastructure, Investment, Trade

Russia and Malaysia have agreed to expand cooperation on the use of nuclear energy, state nuclear corporation Rosatom announced, following high-level talks in Moscow on Friday (June 27). The meeting was attended by Rosatom CEO Aleksey Likhachev and Malaysian Deputy Prime Minister Fadillah Yusof. The discussions focused on the use of Rosatom’s Nuclear Power Plant (NPP) technologies.

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Energy Plan 2050_China Russia

Planning Ahead: Russia & China Prepare Joint Energy Strategy to 2050

China, Energy, Exports, Infrastructure, Investment, Security, Shanghai Cooperation Organisation, Trade

Russia’s Energy Minister, Sergei Tsivilev, has met with Wang Hongzhi, the head of China’s National Energy Administration, at a meeting for energy ministers from the Shanghai Cooperation Organization (SCO) member states and discussed current issues around bilateral collaboration in fuel and energy as well as promoting fair energy access throughout the world. Tsivilev and Wang discussed LNG

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India

India Bought 80% Of Russia’s Seaborne Urals Crude During January-May 2025

Energy, Exports, India, Logistics & Transport, Middle East, Trade

India has purchased 80% of Russia’s seaborne Urals crude exports this year, with two private refineries increasingly buying more of this variety, according to data analytics provider Kpler.  Indian conglomerates Reliance Industries and Nayara Energy have bought 45% of the Urals crude imported into the country, with India purchasing 231 million barrels of Urals crude this

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Power of Siberia

Power of Siberia 2 Gets a Chinese Political Boost After Strait of Hormuz Scare

China, Energy, Exports, Infrastructure, Trade

China’s interest in the construction of Russia’s proposed Power of Siberia 2 pipeline, which would deliver gas via Mongolia, has intensified following the outbreak of the conflict between Iran and Israel, according to sources in Beijing. The planned pipeline would allow up to 50 billion cubic meters (bcm) of natural gas to be delivered annually

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Egypt

Russia To Provide Diesel Generators For Egypt’s El Dabaa Nuclear Power Plant

Africa, BRICS, Energy, Exports, Investment

Russia’s TMH Energy Solutions, or TMH ES, part of Transmashholding, will supply a batch of diesel generators to the El Dabaa Nuclear Power Plant, currently under construction in Egypt, according to CEO Andrei Vasiliev. He said that “diesel generating backup is an important part of ensuring any nuclear power plant can be used safely, and El Dabaa is no exception. We

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Mali

Russia, Mali Sign Nuclear Energy Cooperation Agreement

Africa, Energy, Exports, Investment

Russia and Mali have signed an agreement of cooperation concerning the use of nuclear energy, following the visit of Mali’s transitional president, Assimi Goita, to Russia. Russian Prime Minister Mikhail Mishustin had previously ordered the signing of agreements between the Russian government and the governments of Mali and Burkina Faso on cooperation in the peaceful use of

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Araghchi-Putin

Russia, Iran Hold Talks, As Tehran To Decide On Closing Hormuz: Implications   

Asia, China, Energy, Exports, India, Logistics & Transport, Middle East, Security

The Russian President is to hold meetings with the Iranian Foreign Minister, Abbas Araghchi in Moscow to discuss the latest developments as concerns the Israeli and American attacks on Iran’s nuclear facilities on Saturday (June 21). There have been disputed accounts over the actual damage caused, with US President Donald Trump declaring “a complete success”

Russia, Iran Hold Talks, As Tehran To Decide On Closing Hormuz: Implications    Read More »

Uzbekistan

Russia, Uzbekistan Reconfigure Nuclear Power Projects To Larger Units

Energy, Eurasian Economic Union, Exports, Infrastructure, Investment

Russia’s Rosatom has stated that the proposed ‘Large Nuclear Power Project’ in Uzbekistan needs to be reconfigured to attain the maximum operational benefits. This includes the construction of two VVER-1000 power units with a possible increase to four, according to the company. Rosatom and Uzbekistan agreed during the St. Petersburg International Economic Forum to look

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